$HYPE $HYPEUSDT bounced off $72.47

$HYPE is currently trading on a single level

$74.74 (-3.03%) | H $77.079 L $72.474 | Turnover $38.42M

$72.47 is holding but it was a late entry for buyers on this level. This bounce has not formed a reversal and $73.95 is now in resistance. We need to get back above $73.95 and HOLD it to open $76.75.

If we reject $73.95 again we will quickly fall back to $72.47 before opening $70.75

I’m looking to simply HOLD $73.95 and not buy into $74.74. If we get back above $73.95 then we’re looking long but if we drop below $72.47 then I’ll be sitting out. Only risking 1-2%.

Do you think we’ll BREAK $73.95 today or BREAK $72.47?

Comment HOLD if we BREAK above $73.95 or BREAK if we BREAK below $72.47.

Click $HYPE to trade this level
#hype